But imputed income is not entirely exempt from federal income taxes. Employees may require an imputed income payroll adjustment. Employees can opt for federal income tax withholding on their imputed income or pay the requisite dues when they file their federal income tax return.
The stars represent the states in the union, currently ten rows of five stars equaling 50 states. even though America was splitting from mother England, the red white and blue colors represent an enduring tie to the colors of the United Kingdom's own red white and blue.
The alternating red and whites stripes represent the 13 British colonies that settled in America, while the stars represent each individual state. But what about the colors â why is the American Flag red, white and blue? Various historians have their thoughts on what the colors of the American Flag stand for. Some would argue that the colors on the American Flag represent philosophical values, with red representing blood, war and courage, blue standing for justice and freedom, and white representing purity.